ANC’s senseless defense of BEE exposes it only cares about empowerment of cadres
15 September 2022
Note to editors: Please find attached soundbite by Jan de Villiers MP
Yesterday, the Small Business Development (SBD) portfolio committee meeting bore witness to another desperate defense of the indefensible BEE regulations by ANC MPs, who emotionally defended this elite cadre enrichment scheme that is masked as Black Economic Empowerment.
The SBD committee heard an inspiring presentation from the W&R (Wholesale & Retail) SETA, a 3A public entity of the Department of Higher Education & Training. The W&R SETA’s mandate is skills development in the wholesale and retail sector, through grants for learning programs targeting SMME owners and their employees.
Programs like these present real empowerment, as they seek to upskill people in a country where we have a devastating unemployment rate, as opposed to BEE, which has clearly only enriched a black elite of cadres who care little for the empowerment of the poor and unemployed. The metrics are simple, in almost 30 years of enforced BEE regulations, poverty, unemployment and inequality have grown, much like the bellies of BEE empowered partners and their ANC cadres.